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bbc.com
Gabriel Raimondo, 18, wins deputy seat in election
He becomes Jersey's youngest ever politician after campaigning heavily on the cost of living.
cnbc.com
China's May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost
Exports to the U.S. surged the most since March 2021, extending a rebound following a long streak of double-digit declines for the most of last year.
theguardian.com
Healthy cooperation: how northern universities are linking with NHS trusts to drive innovation
Backed by a mix of private and public finance, Huddersfield and Manchester are among many in the academic sector helping to create jobs and growthHuddersfield might appear an unlikely setting for a thriving health research complex. The West Yorkshire town is best known for its manufacturing heritage, but has quickly become a honey pot for private sector businesses keen to collaborate with the town’s university in a push for the latest medical breakthroughs.Next month, the driving force behind the University of Huddersfield’s national health innovation campus, Prof Liz Towns-Andrews, expects to get the go-ahead for the third of seven planned eco-buildings for research and tech development clustered near the town centre. Continue reading...
theguardian.com
World’s first wind-powered underwater datacentre starts operating in China
Datacentre off Shanghai coast uses less power and water than land-based equivalent The world’s first wind-powered underwater datacentre has started operations off the coast of Shanghai, as China presses forwards with solutions for energy challenges created by the country’s artificial intelligence boom.The Shanghai Lingang undersea datacentre demonstration project, which launched in May, has a capacity of 24 megawatts. It is a joint effort between HiCloud Technology and China Communications Construction, a state-owned company. Continue reading...
cnbc.com
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network.
cnbc.com
GSK in talks to acquire Nuvalent for more than $9 billion in biggest deal in over a decade: FT
The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers' race to bolster pipelines.
cnbc.com
Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump's China trip.
cnbc.com
Trump booed before Knicks lose to Spurs at Madison Square Garden in NBA Finals Game 3
Trump's decision to attend Game 3 of the NBA Final was controversial for Knicks fans, some of whom feared he would jinx what has been an epic playoff run.
bbc.com
US adds BYD to list of firms with alleged Chinese military ties
The Pentagon list warns US firms of risks linked to working with flagged Chinese companies.
cnbc.com
CNBC Daily Open: Tim Cook's last WWDC, tech IPOs and Middle East tensions
Tensions in the Middle East still continue to simmer as Israeli Prime Minister Benjamin Netanyahu warned the war "has not yet ended"
cnbc.com
Asia chip-linked shares recover after U.S. peers bounce back
In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composite advanced 0.86%.
cnbc.com
Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Perplexity CEO Aravind Srinivas' comments come after AI giant Anthropic confidentially filed to go public.
bbc.com
OpenAI plans to go public, intensifying investment race with Anthropic
The company behind ChatGPT filed its plans one week after Anthropic did the same.
bbc.com
SpaceX's stock market blast-off could be Musk's biggest gamble yet
SpaceX is preparing for a stock market debut that could transform the company, the wider market and Elon Musk's fortune.
bbc.com
Could humanoid robots be heading for the battlefield?
Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.
bbc.com
How driving test booking is changing for learner drivers
From 12 May, only learner drivers can book their own tests, not instructors.
bbc.com
Driving test booking rules tightened after thousands of no shows
Learner drivers can only swap their test to the three centres nearest to their original booking.
theguardian.com
Pilot ‘hyperlocal’ job support scheme in England shows promising signs of effectiveness
Government-funded JobsPlus trial in 10 neighbourhoods could be scalable nationwide, evaluation showsWe would like to hear from young people in the UK about their job-hunting experiencesA government-funded pilot of “hyperlocal” job support in 10 neighbourhoods across England has shown “promising early signs of effectiveness”, including for young people, and could be scalable nationwide, a new evaluation has shown.The JobsPlus scheme, backed by the Department for Work and Pensions (DWP) and the Youth Futures Foundation, an independent non-profit organisation, focuses intensive support in a small area of predominantly social housing. Echoing a similar, long-established scheme in the US, “community champions” at each site help to engage hard-to-reach people in the local area. Continue reading...
cnbc.com
CNBC's The China Connection newsletter: Humanoid robots are great, but they need buyers too
Chinese companies ramp up humanoid robot development and production, often with global aims.
theguardian.com
OpenAI confidentially files for initial public offering on US stock market
ChatGPT maker expected to be valued at more than $850bn, one of most highly valued listings in market historyOpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant’s debut on Wall Street is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn.“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” the company’s post reads. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.” Continue reading...
cnbc.com
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI's confidential filing lands days before SpaceX is set to go public and a week after Anthropic announced its confidential disclosure with the SEC.
cnbc.com
Silicon Valley’s new buyout playbook is hitting Wall Street
Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside.
bbc.com
Stock market jitters remain amid tech fears and renewed Middle East attacks
Markets in Asia are hit by a tech sell-off, and oil is volatile as Iran and Israel launch attacks on each other.
cnbc.com
Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon
The co-founder of the now defunct FTX crypto exchange is currently serving a 25-year federal prison sentence.
cnbc.com
Kalshi traders say Strait of Hormuz traffic won't return to normal before January
Two weeks ago traders on Kalshi saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chance it won't open before 2027.
cnbc.com
Netanyahu says war with Iran, Hezbollah isn't over after Tehran says it's halting strikes
Iran and Israel traded strikes Sunday night for the first time since the U.S. and Iran agreed to a fragile ceasefire in mid-April.
theguardian.com
France and Germany abandon joint project to build European fighter jet
Paris and Berlin conclude firms involved unable to agree on way forward in blow to Europe’s common defence pushFrance and Germany have concluded that the companies involved in building a joint fighter jet will not be able to reach an agreement and have abandoned the project, officials in Berlin have said in a blow to Europe’s common defence efforts.The French president, Emmanuel Macron, and the German chancellor, Friedrich Merz, had “reached the shared assessment that the companies will not be able to come together”, an official told Agence France-Presse. “They acknowledge this reality.” Continue reading...
bbc.com
Jailed crypto founder Sam Bankman-Fried seeks Trump pardon
The former leader of crypto platform FTX, currently serving a 25-year sentence, on Monday officially applied to be pardoned.
cnbc.com
Chip rebound has one trader buying protection
Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear, according to Mike Khouw.
bbc.com
Lib Dems propose energy price discounts for all households
The party estimates savings of £100-a-year on average for every household under the scheme.
cnbc.com
Weight loss drug maker sinks 23% after new safety data spooks investors
While the experimental drug met its key targets, analysts are concerned over the commercial opportunity due to side effects.
cnbc.com
SoftBank drops 6% as tech stock sell-off accelerates in Asia
The tech stock sell-off accelerates in Asia. Tech stocks fell in Europe but rebounded later on Monday.
theguardian.com
Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin MoneyNationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a year earlier.It pushed her overall pay packet to £4.7m for the year to March 2026, marking an 88% jump on the near-£2.5m she earned for the previous year. Continue reading...
bbc.com
Starmer tells Apple and Google to ban nude images on children's phones
Firms will be expected to activate built-in features to stop children accessing sexually explicit images.
bbc.com
From UK athlete to parliament: Serena Guthrie wins senator seat
Serena Guthrie won Commonwealth gold as part of the England netball team in 2018.
theguardian.com
City watchdog sues Neil Woodford for allegedly offering unauthorised investment advice
Move comes months after the FCA announced plans to ban the former investment star from holding senior City roles after collapse of popular equity fundThe UK financial regulator is taking legal action against the former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after announcing plans to ban him from the City.The Financial Conduct Authority said it was seeking an injunction against Woodford and W4.0, a United Arab Emirates-registered company, to stop them carrying out “potentially unlawful activities”. Continue reading...
cnbc.com
Corning shares jump 4% after company strikes deal to power Amazon AI data centers in U.S.
Amazon is the latest megacap company to announce a massive deal with Corning, which is rapidly becoming a critical player in the AI buildout.
cnbc.com
Marvell Technology jumps 10% after news it will join the S&P 500 index
Marvell stock jumped after S&P Global said the AI chipmaker would join the S&P 500 on June 22.
cnbc.com
Trump storms out of interview after being challenged about election fraud claims, DOJ fund
The president said he would like to see the weaponization fund proceed despite setbacks.
cnbc.com
Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.
With Tablì, Lavazza is betting that sustainability is still a top consideration for many coffee drinkers.
theguardian.com
Unions attack ‘year-long delay’ for Tata Steel furnace’s grid connection in south Wales
Government urged to help speed up vital industrial project amid growing alarm over National Grid delaysTrade unions have called for the government to intervene to speed up Tata Steel’s connection to the electricity grid in south Wales, after the company said its new furnace would be delayed by up to a year.Tata Steel last month told investors that National Grid had said it would face a six- to eight-month delay. That could stretch to 12 months amid unexpected engineering difficulties. Continue reading...
cnbc.com
China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
China has reduced oil imports since the start of the Iran war, capping global crude prices.
cnbc.com
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.
theguardian.com
Bernie Sanders’ AI sovereign wealth fund plan is good. But we think this is better | Nathan E Sanders and Bruce Schneier
While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goalsLet no one accuse Bernie Sanders of ducking the big questions. Writing in the New York Times last week, the senator asked: “Will the future of humanity be determined by a handful of billionaires who have promoted and developed AI, with virtually no democratic input, who stand to become even richer and more powerful than they are today?”We agree entirely that this is one of the most potent questions facing global democracy today. Our book, Rewiring Democracy, surveys the emerging uses for and impacts of AI in democracy around the world and reaches the same conclusion: that the most urgent risk posed by AI is the concentration of power, wealth and control among tech oligarchs. Continue reading...
bbc.com
You may be saving for retirement without realising it. Here's how to check
One simple check could ensure you are not missing out on free money which could help in later life.
theguardian.com
Tate & Lyle agrees £2.7bn takeover by US rival in new blow to London market
Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskTate & Lyle has agreed to a £2.7bn takeover by its US rival Ingredion, in a deal that could put hundreds of jobs at risk and represents yet another loss for London’s struggling stock market.The FTSE 250 business, which makes artificial sweeteners such as Splenda, has agreed to a deal that values it at 615p a share, about 60% above its price before news of a possible takeover emerged. Continue reading...
cnbc.com
Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest bank by market capitalization.
cnbc.com
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why
The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world's standout performers thus far.
theguardian.com
Push to regulate bailiffs in England and Wales too slow, warns supervisory body
A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been accused of dragging its feet over plans for the mandatory regulation of bailiffs amid concerns about harmful practices in an industry that collects more than £1bn a year from indebted Britons.A year on from an announcement by the Ministry of Justice that it would legislate to make independent regulation of bailiffs mandatory, the body that now oversees the industry in England and Wales, the Enforcement Conduct Board (ECB), criticised the lack of “visible progress”. Continue reading...
cnbc.com
100 days of the Iran war: How global markets and the economy have been affected, in charts
The conflict is about to reach its 100th day, with peace negotiations hanging in the balance.
cnbc.com
CNBC Daily Open: The great tech retreat
Silicon Valley's sell-off gathers speed in Asia, with chip-heavy indices bearing the brunt of the declines, while tensions in Iran send oil prices higher.
bbc.com
M&S launches new traineeship for 1,000 young people
The scheme aims to tackle the "growing challenge" of young people not in employment, education, or training.
theguardian.com
ScottishPower sent six cheques addressed to my late brother
Bereaved relatives have been bombarded with calls, emails and letters addressed to the deceasedScottishPower sent a debt collection letter to my house demanding £130 owing on my late brother’s gas account. I am his sole executor and had informed it of his death.The company, meanwhile, owed a £430 credit on his electricity account. It eventually paid this with a cheque issued in my late brother’s name, which could not therefore be cashed. Continue reading...
bbc.com
City Airport faces opposition to large jet plans
A committee of the London Assembly wants London City Airport's plans halted due to noise concerns.
theguardian.com
Extra £174m earmarked for ‘spiralling’ bill for Lower Thames Crossing
More than £3bn is due to be spent on the proposed road tunnel between Kent and Essex, which is estimated to have higher costs per mile than HS2Ministers have earmarked more than £170m extra to help build the Lower Thames Crossing road tunnel, fuelling concerns over the “spiralling” costs of one of the UK’s largest planned infrastructure projects.The proposed £11bn route under the Thames between Kent and Essex is already estimated to cost more each mile than the HS2 high-speed rail link from London to Birmingham. It was given the funding boost as part of a plan to spend £3.1bn of public money on the project, before a hoped-for injection of £7.5bn by a private sector firm. Continue reading...
theguardian.com
Top chefs back Andy Burnham for prime minister to cut VAT on hospitality
Tom Kerridge says ‘whole of hospitality’ should get behind Burnham who has called for VAT cut from 20% to 10%Chefs and restaurateurs have said they hope Andy Burnham becomes prime minister after he backed calls to cut VAT tax for hospitality businesses.Burnham, who is standing as the Labour candidate in the Makerfield byelection and is expected to launch a challenge to Keir Starmer’s leadership if he wins, has called for the rate to be cut from 20% to 10% to be in line with European rates. Continue reading...
theguardian.com
UK companies opting to hire temporary workers over permanent staff, recruitment firms say
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report.Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC). Continue reading...
theguardian.com
Aviva detects record £230m in bogus insurance claims as use of AI rises
Insurer found 18,400 suspect claims last year with some scammers using AI to fake accident scenes and documentsBogus insurance claims worth more than £230m were detected by the insurance firm Aviva last year as scammers tried new tricks including using artificial intelligence to fake car accident scenes, documents and to exaggerate damage.The insurer identified more than 18,400 suspect claims across its brands in 2025, with a combined value of £233m. The fraud claims level was a record for the insurer, although this was the first year that it included the Direct Line brands it acquired last summer. Continue reading...
cnbc.com
China's Xi to visit North Korea for first time in seven years as Beijing tests its influence over Kim
North Korea may use the summit as an opportunity to press for economic concessions or Beijing's "tacit recognition" of its nuclear status, analysts say.
cnbc.com
Hong Kong's IPO boom is developing a performance problem
As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their listing.
bbc.com
'No dead ends': What the Dutch can teach us about tackling youth unemployment
The Netherlands has one of the world's lowest rates of 16 to 24-year-olds not in education, employment or training.
bbc.com
Spain's visitor numbers hit new highs as tourists avoid Middle East
The European country had 9.1 million international visitors in April, the most ever for that month.
bbc.com
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.com
'We don't look at the sky any more': The Air India crash victims who were not on the plane
A grandfather, a survivor, a witness: one year after the crash, the people on the ground tell their stories.
theguardian.com
Delivery pain for UK dad as baby magazine arrives 19 years late
Paul Edwards ordered the publication before the birth of his son in 2007, but experienced pregnant pause before receiving it this weekWhen Paul Edwards ordered a parenting magazine in 2007, he was hoping that it would provide helpful advice and offers to help him navigate the stresses and challenges of bringing up children.However the magazine never arrived – until now. The copy of Mother & Baby was delivered on Friday – 19 years after he ordered it – with his children now studying at university. Continue reading...
theguardian.com
Credit cards aren’t evil – if you know how to use them the right way | Gene Marks
Using a credit card is no different than having a drink or two at dinner or a Big Mac once in a while. It’s fine, just don’t overdo itThe percentage of credit card balances that were at least 90 days delinquent rose to 13.12% in the first quarter of this year, according to data released in May by the Federal Reserve Bank of New York. As the Wall Street Journal reported: “That’s the highest level in 15 years, and the most since the period following the 2008 financial crisis.” The report went on to highlight cases of individuals drowning in too much credit card debt.There’s no argument that this is a concern. Delinquent credit card balances are rising. And some people are struggling. But are Visa and Mastercard to blame? Continue reading...
bbc.com
Tata Steel says new £1.25bn furnace may be delayed due to electrical issue
Plans for £1.25bn steel-making furnace may be delayed by electrical connectivity problem, Tata says.
theguardian.com
Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc | Heather Stewart
Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, policymakers and entrepreneurs. Continue reading...
theguardian.com
Tax-break trees: how woodland became a store of wealth for the rich
Attempt to turn a stretch of the English-Scottish border into a commercial forest exposes threat to habitats from wealthy investorsOn the English-Scottish border a small species of butterfly, the northern brown argus, has fended off one of the biggest investors in the UK.Todrig, with its heath moorlands and hundreds of species of flora and fauna, represents an investment that could save Britain’s wealthiest families millions of pounds in inheritance tax. Continue reading...
theguardian.com
‘Poisoned’ AI: the ChatGPT shopping scams that lead to fake websites
Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI toolYou want to buy a new bag and so you ask ChatGPT for help. You have always liked Russell & Bromley so you ask ChatGPT what is popular there at the moment.The artificial intelligence (AI) assistant gives you cross body, shoulder, casual and formal options with the prices listed beside them. You click through from the sources to what looks like the official Russell & Bromley site and buy your new bag, which is conveniently on sale. Continue reading...
theguardian.com
Car industry pressing EU for further delay to Brexit EV tariffs
Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs on imports of electric vehicles.They have expressed concerns that they will not be able to meet the conditions set for 1 January 2027 for tariff-free sales. This is because of strict rules of origin over what products can qualify for tariff-free trade under the EU-UK Trade and Cooperation Agreement which has applied since 2021. Continue reading...
bbc.com
Cake sheds are making bakers £1,000 a week - but the dream might be over
They may have captured the public's imagination, but are councils coming for the cute cake cupboards?
bbc.com
I was applying for hundreds of jobs - this tip helped me get one
Four people who weren't hearing back from job applications shared what they did differently to secure their first role.
bbc.com
Cosmeticorexia: How girls are falling down a skincare rabbit hole
Fuelled by social media, the market for children's skincare is booming. Experts fear for the long-term impact on girls
bbc.com
Fizzy drink cans recalled as they 'may rupture unexpectedly'
Dalston's Pineapple Soda as asking people to throw away affected cans of its pineapple drink over fears they could cause injury.
theguardian.com
‘Free of the shackles’: Michael Grade’s GB News defence raises concerns over relaxing of Ofcom rules
Former figures at regulator voice disquiet after series of provocative interviews by recently departed chairRegulators are not generally known for courting controversy. When the day job involves making delicate, legally fraught decisions, they tend to be a circumspect bunch.However, since stepping down as chair of Ofcom, one of Britain’s most scrutinised watchdogs, the Conservative peer Michael Grade has been doing his best to buck that stereotype. “I’m free of the shackles,” he recently said. Continue reading...
theguardian.com
UK’s fragile heirloom: ceramics sector calls for more help to save ‘vital industry’
Brands such as Portmeirion in Stoke welcome £120m package but seek further support to avert fresh closuresOn the floor of Portmeirion’s factory in Staffordshire, staff are hard at work as clays are moulded, glazed and fired – an intricate process requiring precision and specialist skills honed over years of practice – to manufacture the company’s array of tableware.Portmeirion, a homeware brand founded in 1960 that employs 433 people, is based in Stoke-on-Trent, at the heart of British ceramics. The centuries-old craft is so integral to the area’s identity that the six federated towns that make up the Staffordshire city are known as the Potteries. Continue reading...
theguardian.com
SpaceX IPO: how can I buy shares, and what are the risks?
Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsidesIt’s being billed as the biggest stock market launch in history. Shares in Elon Musk’s SpaceX are poised to be released on 12 June with a valuation of $135 (£100.84). The company plans to sell 555.6m of them, which means it will raise $75bn from the sale.On Friday, it was reported that up to a quarter of the shares could be reserved for individual investors, rather than funds and banks. This is a bigger share than is typically the case in a large initial public offering (IPO). Continue reading...
theguardian.com
‘We should not have to sacrifice’: New York could become first state to temporarily ban large datacenters
Kristen Gonzalez, a state senator who authored the bill, said moratorium would target ‘hyperscale’ datacenters over 20MWNew York moved closer toward becoming the first US state to enact a moratorium on large datacenters this week. On Thursday, the state legislature approved a one-year ban on the facilities powering the AI boom.The measure now heads to Kathy Hochul, the governor, who will decide whether to sign it into law. The Guardian spoke to a state senator in the wake of the historic vote about authoring the bill and the wider US backlash against datacenters. Continue reading...
theguardian.com
On China, Trump picked the right battle but the wrong strategy
A long trade war looms. Trump’s scattershot protectionism, chaotic tariffs and belligerence against our natural allies guarantees that US trade policy will remain a hot messWe are in for a long trade war.In the months since “Liberation Day” last year, when Donald Trump let loose a volley of tariffs against imports from everywhere, countries have rushed to build new relationships in the hope of maybe circumventing the US to protect the global trading system. Continue reading...
theguardian.com
‘Historic’: Canadian warehouse workers sign first-ever union deal with Walmart
Union says collective agreement is just the start of a broader fight to unionize major employers across the countryCanadian warehouse workers have signed the first-ever collective agreement with Walmart, a breakthrough labour organizers are calling a “historic and powerful step”.But the union says the deal with a corporation long hostile to organized labour is only an opening salvo in a broader fight to unionize major employers across the country. Continue reading...
bbc.co.uk
Consumer Fight Back
A new report says that 3 in 4 people are not saving enough for a moderate retirement.
theguardian.com
Aviation industry looks skywards as leaders fly in for Rio summit
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will converge in Brazil this weekend for the Iata AGM, the annual global airline summit, with the industry still, for the most part, looking resolutely skyward.The oil tankers may still be stuck behind the strait of Hormuz as the conflict between the US, Israel and Iran flickers on, but for now, airlines continue to defy dire warnings of impending shortages which had stoked fears of a summer of chaos for European holidaymakers. Continue reading...
theguardian.com
Blackouts, hyperinflation, dissent: Iran considers perilous prospect of peace
Conditions that led to bloody prewar protests have been made worse, commentators say Iran is already preparing for the perilous transition from wartime unity to a fractious peace marked by hyperinflation, a 10% contraction in the economy, power cuts and calls for a triumphalist government to end its unprecedented hunting down of dissent.With peace not yet secured, the debates within the regime about Iran’s future are only just starting to emerge but its rulers are clearly thinking about how after surviving the war, they can survive the peace. Continue reading...
bbc.com
Advice service demand rises amid housing crisis
Citizens Advice Guernsey says housing and cost of living pressures have increased demand.
theguardian.com
‘I’m down to one option’: bank customers left frustrated by latest closures
Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street servicesWith its windows blanked out, a poster pinned to the door of the Staines branch of Lloyds Bank tells its customers they can do their “everyday banking with our mobile banking app”.But not today. On Wednesday, when the Guardian visited Staines, they wouldn’t have got very far because the Lloyds group was battling an IT outage that left thousands of its customers unable to make payments or send money. Continue reading...
cnbc.com
Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns
"We're living in a world where it's almost impossible for smaller entrants to come in and build healthier spaces," Bluesky's COO, Rose Wang, told CNBC.
bbc.com
US stocks slump as fears over Big Tech shake Wall Street
The Nasdaq saw its biggest daily fall since early 2025.
bbc.co.uk
Free Thinking
Can the accumulation of wealth be ethical and what can we learn from Adam Smith's enquiry?
bbc.com
Trump to meet AI leaders to discuss US investment in their companies
The US president said on Friday he expects to meet the leaders of top AI companies next week.
theguardian.com
Britain is a swamp of lies and disinformation – and we got here on the Brexit bus | Jonathan Freedland
Ten years after the vote, our economy is battered – and our national conversation darkens by the day. Still, there is reason for hopeWhen the anniversary comes, later this month, few will be in the mood to look back. All the political talk will be of the Makerfield byelection, of the future of this government and this prime minister. And yet, it would be wise to reflect on what happened on 23 June 2016 – if only because the choices Keir Starmer and his would-be successors face, indeed the entire political and cultural landscape we now inhabit, are informed or were shaped by that event. We are living in Brexit Britain.A useful prompt comes from the upcoming two-part BBC series Brexit: A Very British Civil War, made by the master documentarian Norma Percy. Speaking to (nearly) every key player, it brings it all back – the red bus, “take back control”, the pantomime river battle of Nigel Farage v Bob Geldof.Jonathan Freedland is a Guardian columnistDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
bbc.com
Hospitality jobs boom as US prepares for World Cup
It is the third month in a row US jobs figures have beaten expectations.
theguardian.com
Outrage in Albania over Kushner-Trump $1.6bn luxury resort – The Latest
Thousands have protested in the streets of the Albanian capital, Tirana, this week against a planned luxury resort backed by Donald Trump’s son-in-law Jared Kushner.Groundwork has begun on the $1.6bn complex in an area long seen as one of the Mediterranean’s most environmentally sensitive, containing 200 species of birds including flamingos and Dalmatian pelicans.After builders began erecting a concrete-based, barbed wire-topped fence around the site, alarm turned to public outrage at the environmental damage and lack of political transparency around the deal.Lucy Hough speaks to US live news editor Chris Michael – watch on YouTube Continue reading...
bbc.com
Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, inflation and debt fears, US markets keep hitting record highs, fueled largely by AI. BBC's Samira Hussain looks into whether that bubble will burst.
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Who can buy shares in Elon Musk's SpaceX?
From next week individual investors can take a stake in Musk's rockets-to-AI company.
theguardian.com
Average person eats six times more chicken than in 1961, UN report finds
UN report says global meat supply has risen fourfold in last 60 years and is expected to keep risingAnalysis: Ingredients in place for shift to plant-based diets but meat still dominatesThe average person eats about six times as much chicken and twice as much pork as their grandparents’ generation did, data from a UN report suggests, with global meat supply having risen fourfold in the last 60 years and expected to keep rising.The supply of poultry rose from below 3kg a person in 1961 to 17kg in 2022, according to data from the Food and Agriculture Organization (FAO). Pork supply doubled to 15kg a person over the same period, while beef, the most polluting food, stayed steady at 9kg. Continue reading...
bbc.com
We need to stop AI developing without humans, says Anthropic co-founder
Jack Clark tells BBC's Newsnight AI could get to the point where it develops without human input.
theguardian.com
Horrific, unregulated, and very profitable. The companies making cash from England’s children in care | George Monbiot
Councils are sending vulnerable kids to homes run by money-grabbing cowboys and private-equity vulturesBring your suitcase, your bin liner, your dumpy bag. They’re handing out money faster than you can stuff it in a sack. All you need do is join the market in what may now be England’s most lucrative commodity. A commodity with arms and legs, hearts and brains, thoughts and feelings. Children.Two years ago I stumbled into this issue after discovering that children in care who were being helped by a local charity I’m involved with were suddenly being whisked away, terminating the amazing progress they had been making, breaking their relationships, their sense of home, stability and security. When I began exploring why this was happening, I could scarcely believe what I was seeing: a highly lucrative trade in highly vulnerable young people. Children in “care” were being exchanged between private equity companies for £100,000 apiece. That figure is now wrong. Today they are worth far more. Continue reading...
theguardian.com
Homes for sale with water views in England and Scotland – in pictures
From a London houseboat with views of the River Thames to a property by a loch in the Inner Hebrides Continue reading...
bbc.com
British Heart Foundation plans to close 150 charity shops
The charity says it is facing "an exceptionally challenging trading environment".
bbc.com
The ancient trick making food waste useful and tasty
Instead of throwing away byproducts of food processing, fermentation is making them valuable.
bbc.com
Single 20-somethings need AI to make first move on dating apps - Hinge boss
Jackie Jantos says loneliness and lack of confidence were challenges for young adults looking for relationships.
bbc.com
Hinge boss on her green and red flags in life
Jackie Jantos, CEO of Hinge, shares her daily habits and tips for success in dating and in life.
theguardian.com
Democratic-led states sue to block student loan caps by Trump administration
White House says caps will lower tuition costs, but critics say they will exacerbate the country’s nursing shortageSign up for the Breaking News US newsletter emailWhile the Trump administration has argued that new restrictions on the size of federal student loans will lower tuition costs, public health officials and Democrats say the measures will exacerbate the country’s serious nursing shortage.As such, a group of 24 Democratic-led states and the District of Columbia recently sued the federal government seeking to block the new rule, which is set to take effect on 1 July. Continue reading...
bbc.co.uk
Witness History
How mass student demonstrations in May 1989 led to bloodshed in Beijing
bbc.com
'By the grace of God': Miners dig on as lab-grown diamonds change market
The rising popularity of lab-grown diamonds heaps pressure on those hunting for the natural gems.
theguardian.com
Nicola Sturgeon’s ex and his £400,000 shopping spree
Fast cars, luxury watches – and, of course, that motorhome: the list of what former SNP chief executive Peter Murrell bought with embezzled funds is dizzying. Severin Carrell reports.As chief executive of the SNP Peter Murrell was an extraordinarily influential politician. Along with former SNP leader Alex Salmond he helped turn the party into an election-winning machine. And he married the woman who would increase its popularity even further – Nicola Sturgeon. Then came the news he had admitted embezzling money from the party – and using it to buy everything from toilet rolls and instant coffee to a Jaguar.At the weekend Sturgeon felt compelled to break her silence and give an interview to the BBC, insisting she knew nothing about her now ex-husband’s crimes. The Guardian’s Scotland editor, Severin Carrell, explains how the case is still unfolding, with a court hearing this week and sentencing this month. He tells Annie Kelly what we have learned about Murrell’s behaviour. “It was almost as if you had a teenager funding their entertainment habits and a lavish lifestyle on somebody else’s credit card,” he says. Continue reading...
bbc.com
How 'confused' AI rollout hurts firms and baffles staff
Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.
theguardian.com
Trump insists Iran deal close despite strikes – The Latest
As Israel threatens to bomb Beirut and the US and Iran trade missile strikes, Donald Trump insists it will ‘all work out well in the end’ and urges his critics to ‘sit back and relax’. So are we any closer to a deal? Lucy Hough speaks to diplomatic editor Patrick Wintour – watch on YouTube Continue reading...
theguardian.com
French navy boards Russia-linked oil tanker in Atlantic – video
France has released footage that appears to show French naval commandos boarding a ship suspected of being part of Russia's 'shadow fleet' and subject to international sanctions. The French president, Emmanuel Macron, said the operation took place on the tanker, named the Tagor, with support of the UK and in strict compliance with the law of the sea. The French navy confirmed the interception occurred on SundayMacron says French navy has boarded Russia-linked oil tanker in Atlantic Continue reading...
bbc.com
Caribbean hot sauce producers warn of shortages and higher prices
Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.
bbc.com
Humanoid robots 'the future' of car making, says BMW
BMW is introducing humanoid robots to a car plant in Europe, building on similar projects in the US.
bbc.com
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.com
Is 'out of control' US tipping culture spreading overseas?
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.
bbc.com
The rise of the fruit that tastes like custard
Custard apple plants are prized for their hardiness but exporting their delicate fruit is difficult.
bbc.com
Morocco wants tourists to visit Western Sahara. Some say it's tightening its control
The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.
bbc.com
'Six eggs used to be £1' - why everyday essentials cost so much more now
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
bbc.com
Love factually: Dating start-ups promise to cut the cheats
Frustration with fake dating profiles has spurred new dating services with different approaches.
bbc.com
The fight against foreign developers buying Caribbean beaches
Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.
bbc.com
Robo-top: The machines that could make your next t-shirt
Most clothes are made in Asia, but new machines could bring some of that work back to the West.
bbc.com
Why does Amazon have no Western rivals?
The internet giant dwarfs other online retailers on both sides of the Atlantic.
bbc.com
Rise in solar panel sales as people 'want to save money'
One director, who has just bought 2,000 panels, hopes to safeguard the company's future bills.
bbc.com
Inside the secretive and lucrative world of orchid breeding
It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.
bbc.com
Smart glasses are 'an invasion of privacy' - Meta's are selling better than ever
The biggest tech firms are set to sell millions of smart glasses despite growing privacy concerns.
bbc.com
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
bbc.com
Scammers are becoming ever more sophisticated - this is what the fightback looks like
Scams have exploded over the last few years. Can countries and companies come together to turn the tables on the scammers?
bbc.com
The £5.30 orange juice that tells the story of why supermarket prices are sky high
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
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